Glenn Solberg

(612) 723-7000

Weekly Market Report

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For Week Ending September 20, 2025 The number of homes actively for sale increased for the 22nd consecutive month, rising 20.9% year-over-year in August, according to Realtor®.com’s August 2025 Monthly Housing Market Trends Report. At the same time, the national … Continue reading →

Mortgage Rates Inch Up

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September 25, 2025 Following several weeks of decline, mortgage rates inched up this week. Housing market activity continues to hold up with purchase and refinance applications increasing by 18% and 42%, respectively, compared to the same time last year. Information … Continue reading →

Weekly Market Report

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For Week Ending September 13, 2025 In a rare shift for the U.S. housing market, new homes have become more affordable than existing homes. According to the U.S. Census Bureau, the median sales price of a new home was $403,800 … Continue reading →

Mortgage Rates Continue to Move Down

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September 18, 2025 Mortgage rates decreased yet again this week, prompting many homeowners to refinance. In fact, the share of mortgage applications that were refinances reached nearly 60%, the highest since January 2022. Information provided by Freddie Mac.

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